I have both a MAC off-road H (catless) and a BBK high flow catted X for my mustang (1997 4.6 4v) (had to get the X to meet visual inspection)
I havent really noticed a power difference, but I could be not noticing the power out of the X due to it being quieter. (those high flow cats shut it up a surprising amount).
the X has a sweeter sound, but I have been used to the rough sound of the H for years. I have a tendency to rev it higher with the X pipe (could be difference in sound or just volume, havent driven the car since fall)
I gotta spend some time looking up dyno tests and thinking.
After inspection I am trying to figure if I should put the H back on for the weight drop vs keeping the X for a small power gain. The car wasnt overly obnoxious to me without cats.
(side datapoint, flowmaster mufflers on the car terminating in stock location tailpipes)